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How Georgia Bankruptcy Filers Can “Cram Down” Secured Debts

People in financial straits sometimes opt for a Chapter 13 bankruptcy, which lets them keep their property while they pay off either all or a reduced portion of their debt over time. Although it affords some relief, a Chapter 13 plan still puts pressure on debtors to repay. However, there is a way for them Read More

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Will a Judge Always Approve a Bankruptcy Plan?

Unfortunately, putting together a bankruptcy plan is not always as easy as writing it down and getting a judge to approve it. In some cases, the judge has the right to reject a plan, as was highlighted in a recent U.S. Supreme Court case. In the case, the Supreme Court ruled against a Massachusetts man Read More

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